HomeMy WebLinkAbout2927 Levying Taxes
ORDINANCE NO. 2927
AN ORDINANCE LEVYING TAXES FOR THE PERIOD OF JULY 1, 2006 TO AND INCLUDING
JUNE 30, 2007, SUCH TAXES IN THE SUM OF $9,797,262 UPON ALL THE REAL AND
PERSONAL PROPERTY SUBJECT TO ASSESSMENT AND LEVY WITHIN THE CORPORATE
LIMITS OF THE CITY OF ASHLAND, JACKSON COUNTY, OREGON
THE PEOPLE OF THE CITY OF ASHLAND ORDAIN AS FOLLOWS:
Section 1. That the City Council of the City of Ashland hereby levies the taxes provided for in the adopted budget in the
permanent rate of $3.9747 per thousand an amount estimated to be $7,000,000, voter authorized Local Option in the
rate of$1.3800 per thousand an amount estimated to be $2,430,000, as well as $367,262 authorized for the repayment
of General Obligation Debt and that these taxes are hereby levied upon the assessed value for the fiscal year starting
July 1, 2006, on all taxable property within the City.
Section 2. That the City Council hereby declares that the taxes so levied are applicable to the following funds:
Subject to General Excluded from General
Government Limitation Government Limitation Rate
Permanent Rate Local Option Bonded Debt Per $ 1,000
General Fund $ 3,006,000 1.7069
Debt Service Fund 308,000 0.1750
Parks and Recreation Fund 3,686,000 2.0928
Youth Activities Levy $ 2,430,000 1.3800
1997 Flood Restoration Bond Levy 83,452
2000 Flood and Fire Station Bonds 166,385
2005 Refinancing 117,425
$ 7 ,000,000 $ 2,430,000 $ 367 ,262
The foregoing ordinance was first READ on the 6th day of June, 2006 and duly PASSED and ADOPTED
this 0 day of June 2006.
arbara Christensen, City Recorder
SIGNED and APPROVED this 21 day of June, 2006.
tl~~ilchair